Explore the evolving landscape of mortgage origination, influenced by shifting interest rates, housing market dynamics, and regulatory changes. Discover strategies for lenders to adapt and thrive in this dynamic environment.
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In the latest unusual development at online mortgage lender Better.com, employees found out about another round of layoffs after they were accidentally tipped off by the corporate payroll app. So reports The Verge.
Employees reportedly saw severance payments appear in the Workday app a day before the company planned to announce the job cuts.
The layoffs, which reportedly affected 3,000 employees in the U.S. and Canada, come after Better founder and CEO Vishal Garg fired 900 employees via a Zoom call in December, prompting him to apologize and take time away from work.
